ASAE and other members of the UBIT Coalition continue to meet with congressional offices to seek repeal of a 21 percent tax on so-called fringe benefits – such as free parking or mass transit assistance – that nonprofits provide to employees. Just before the holidays, the House passed a tax package authored by Rep. Kevin… Read more »

During a House Ways and Means Committee hearing this week, association health plans (AHPs) were referenced as an affordable and effective option for covering individuals with pre-existing health conditions. Ways and Means Democrats convened the hearing Jan. 29 to draw attention to efforts by the Trump administration and Republican lawmakers to chip away at the… Read more »

Applications are now being accepted for the 2019 Power of A Awards, the premier recognition opportunity for associations that undertake initiatives to strengthen America and the world. In 2019, ASAE is celebrating the 10th anniversary of The Power of A and 20 years of the Power of A- Summit Awards Dinner, held in the fall… Read more »

House Ways and Means Committee Chairman Richard Neal (D-MA) canceled today’s scheduled hearing on the impact of the partial government shutdown on the upcoming tax filing season after Treasury Secretary Steven Mnuchin declined to testify. Ways and Means Democrats are concerned about the IRS’s readiness for tax season given reports that the agency plans to… Read more »

ASAE has joined the increasing chorus of business groups urging Congress and the administration to negotiate an end to the longest government shutdown in history. This week, ASAE joined the U.S. Chamber of Commerce and other industry groups in a letter urging the White House and lawmakers to take action immediately to end the political… Read more »

The Senate this afternoon rejected competing Republican and Democratic plans to end the partial government shutdown, now in its 34th day. The Republican plan, put forth by President Trump, would have provided temporary protections for young immigrants currently enrolled in the Deferred Action for Childhood Arrivals (DACA) program in exchange for $5.7 billion for Trump’s… Read more »

The Treasury Department this week released a new contingency plan to deal with the ongoing partial government shutdown, but Democratic lawmakers have doubts about the agency’s ability to handle the upcoming tax-filing season. Treasury’s shutdown plan provides for 46,000 employees, about 57 percent of the agency’s workforce, to be working during tax-filing season, which begins… Read more »

Federal and state lawmakers are stepping up efforts to pass legislation regulating how companies collect and use personal data. Calls for a national privacy law have gained force after some high-profile missteps last year like Facebook’s Cambridge Analytica scandal and the enactment of sweeping privacy regulations in Europe that among other things require companies to… Read more »

Despite the partial government shutdown, the IRS on Dec. 31 issued interim guidance on the 21 percent excise tax on tax-exempt executive compensation exceeding $1 million in any taxable year, enacted as part of the 2017 tax law. ASAE has flagged the tax as concerning to the tax-exempt community, particularly because compensation subject to the… Read more »